In a rapidly evolving business landscape, Cottons, has demonstrated its commitment to creating a comfortable and secure process for business acquisitions. This is largely due to its recent strategic partnership with OakNorth Bank, the UK’s leading business and property bank.
Rafail Hyseni
Cottons officially turns 40 years old!
We are thrilled to announce that Cottons is marking a major milestone: four decades of providing reliable accountancy services. Since our establishment in 1983, we have been dedicated to delivering personalised solutions and staying committed to our clients’ success. Over the years, we have grown alongside our clients, adapting to changing financial landscapes and technological advancements.
Discover the power of Xero, the cloud accounting solution for businesses still reliant on spreadsheets and bridging software
Still using spreadsheets to maintain your business’s VAT records? Let us explain what Xero can do for your business that bridging software can’t.
Introducing Modulr: faster, secure payments for your payroll
Managing payments is a critical task for businesses, but it often consumes valuable time and resources. Fortunately, there is a solution that can streamline this process and allow you to focus on what truly matters: growing your business.
UK Government proposes to help parents claim missed child benefits
The UK government has announced plans to address the issue of parents who have not claimed Child Benefit potentially missing out on building their state pension.
New R&D claim regulations require early submission to ensure validity
Do you know if your company is eligible for R&D relief? The rules and qualifying criteria for R&D can be complex, but this article breaks it down for you.
Cottons Corporate Finance team advises on overseas sale of Guncast
Cottons Corporate Finance has advised Guncast Swimming Pools Limited on its sale to Klafs GMbH & Co. KG, based in Germany. The two organisations first entered into a commercial partnership in 2016 and the acquisition will enable Klafs to provide a...
New VAT penalty regime
On 1 January 2023, a new late payment and points-based penalty regime was introduced which replaces the VAT default surcharge. The new penalty system applies to accounting periods which start on or after 1 January 2023.
There are separate penalties for late submission of VAT returns and late payment of VAT. The way in which late payment interest is calculated has also changed.
2023 Spring Budget breakdown
Exciting news! Today, Jeremy Hunt delivered the 2023 Spring Budget announcement, revealing some important measures to support the country's economic recovery. The government has abolished the “Lifetime Pension Allowance” and increased the pension annual allowance to...
Claiming capital losses
Capital losses can be realised on assets such as shares or property and they arise when an asset is sold for less than the original purchase price. Capital losses can also be claimed on assets that you still own if they become ‘worthless’, also known as a negligible...
Audit Senior
We are looking for experienced and talented auditors to join the team. The role can be based at any of our office locations and will be working within a team of professional qualified and training staff. The role will include planning, fieldwork and completion of external audit in a variety of sectors, managing and developing junior staff and supporting the Audit Managers, Partner and Director with their portfolio. You will be studying for or qualified ACA or ACCA.
Big changes ahead – Cottons rebrand
Cottons Chartered Accountants is excited to announce its rebranding to Cottons Group, effective immediately. The rebranding reflects the business’ ongoing commitment to growth, modernisation, and process improvement under the leadership of Managing Partner, Will Smart.
Ready to connect?
If you’re curious about how we can help you, please reach out: our team is very keen to hear from you.